Trusted Insighthttp://thetrustedinsight.com/2017-05-15T16:35:35-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Passport Global Sees Assets Flee Amid Another Rough Quarter
2017-05-15T16:35:35-04:00https://www.thetrustedinsight.com/investment-news/passport-global-sees-assets-flee-amid-another-rough-quarter-20170515502/
It has been a troubling year for John Burbank and the hedge fund he founded, Passport Capital. The hedge fund shuttered its Long / Short equity fund last month amid poor performance as the firm had been battling to stem&nbsp;
The Market is Set to Crash - The Timing
2017-04-06T09:15:53-04:00https://www.thetrustedinsight.com/investment-news/the-market-is-set-to-crash-the-timing-20170406249/
The FOMC is engaged in an aggressive monetary policy
tightening regime, they are raising interest rates aggressively, and now
they're going to reduce their balance sheet, which is another way of saying
that they are going to take additional steps to tighten monetary policy.
Seeding Hedge Funds Increases Amid Gloom
2016-07-27T11:45:09-04:00https://www.thetrustedinsight.com/investment-news/seeding-hedge-funds-increases-amid-gloom-20160727602/
Investors pulled $21 billion in June from hedge fund managers, with those most impacted falling in the equity long / short category, a Bloomberg Brief report pointed out. With hedge funds in a drawdown, now is that time that &ldquo;cubs&rdquo; are emerging from under the wings of larger managers to set up their own funds, fund of funds manager Prot&eacute;g&eacute; Partners observes, who looks to niche strategies to find noncorrelation. Long / short equity funds were the hardest hit by the hedge fund withdrawal, with just under $10 billion being subtracted from their assets under management, an eVestment report noted....
Institutional Investors Still Like Hedge Funds Despite Problems
2016-02-04T14:00:19-05:00https://www.thetrustedinsight.com/investment-news/institutional-investors-still-like-hedge-funds-despite-problems-20160204505/
But while a fairly high percentage of investors negotiated fees, JPMorgan found that just 31% of respondents didn&rsquo;t have to make any concessions in their negotiations. That&rsquo;s a significant decline from 2014 when about half of them didn&rsquo;t have to compromise on their demands. Among the concessions were increasing their allocations to the hedge funds, longer lock-up periods, and redemption terms with less liquidity. The firm reports that 94% of survey participants pay an average performance fee that&rsquo;s lower than 2%, and the percentage of institutional investors paying between 1% and 1.5% rose to 32% last year from 27% the...
Hedge Funds Generally Outperforming Tumbling Equity Markets
2016-01-22T10:00:21-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-generally-outperforming-tumbling-equity-markets-20160122904/
by Svea Herbst-Bayliss (Reuters) - For some of the hedge fund industry&#39;s titans, including Nelson Peltz and William Ackman, 2016 is starting with heavy losses as big bets on General Electric, Valeant, and Mondelez have been battered by the market&#39;s abrupt drop. But as a group, hedge funds have navigated the sharp sell-off relatively smoothly, finally boasting better performance than the equity markets they have trailed for the last years. With the Standard &amp; Poor&#39;s 500 index tumbling another 3 percent on Wednesday to push the stock market benchmark down 10 percent for the year-to-date, most investors are feeling pain....
Pay jumps at hedge fund Marshall Wace
2015-12-14T15:00:45-05:00https://www.thetrustedinsight.com/investment-news/pay-jumps-at-hedge-fund-marshall-wace-20151214023/
Bosses received bigger payouts last year as profits held strong but the number of partners dropped, splitting the income among fewer bosses
Odey Cites Druckenmiller In Warning Last Chance To Dump Stocks
2015-11-25T11:00:22-05:00https://www.thetrustedinsight.com/investment-news/odey-cites-druckenmiller-in-warning-last-chance-to-dump-stocks-20151125116/
Prominent UK hedge fund manager, Crispin&nbsp;Odey, has&nbsp;become one of the biggest bears over the past year or so as he worries that China is nearing collapse. Perhaps the most difficult trade for a hedge fund manager to hit consistently the&nbsp;target is short exposure in a portfolio. On a statistical basis considering on monthly win percentage, the lowest performing of the two directional strategies in a long / short hedge fund is the short book. Preparing for a negative shock is never easy, as hedge fund manager Crispen Odey rudely discovered in the fall of 2015. His nearly $2.5 billion Odey...
Blackstone's GSO will not backstop SunEdison debt
2015-11-19T16:34:05-05:00https://www.thetrustedinsight.com/investment-news/blackstones-gso-will-not-backstop-sunedison-debt-20151119792/
Earlier in the day, SunEdison shares closed up 7.6 percent on market rumors that Blackstone could backstop SunEdison's debt. GSO was not looking to invest in SunEdison, a person familiar with the mat...
Hedge fund wins on mining bet
2015-11-16T11:58:54-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-wins-on-mining-bet-20151116467/
Cape Town - Fairtree Capital, a Cape Town-based hedge fund manager, outperformed the South African stock market by more than three times after betting mining shares would fall and that offshore property companies would gain from a weaker rand. The Assegai MAP Equity Fund managed by Stephen Brown returned 8.9 percent in October for a 29 percent increase this year to the end of last month, according to the company, which has R21 billion ($1.46 billion) across 20 funds. The Johannesburg Stock Exchange All Share Index returned 8.1 percent in the same period. &ldquo;We&rsquo;re consistently outperforming the market...
Cedarview Capital Planning New Long/Short Equity Fund
2015-09-17T10:55:19-04:00https://www.thetrustedinsight.com/investment-news/cedarview-capital-planning-new-longshort-equity-fund-20150917095/
New York-based Cedarview Capital Management is aiming to launch a new long/short equity fund in the fourth quarter of this year.&nbsp; Named the Cedarview Equity Opportunities Fund, the new vehicle will reportedly will trade the same long and short equity positions as those taken in the firm&#39;s event-driven Cedarview Opportunities Master Fund, according to Bloomberg.&nbsp; &quot;There&#39;s definitely enough ideas flow that we invest in the [event-driven] hedge fund that can be sized differently, magnified, in a standalone,&quot; said Cedarview Capital managing partner Burton Weinstein to Bloomberg. The new long/short equity fund has reportedly been trading since July 2013 with approximately...
Hedge Funds Slow To Report Performance Amid August Rout
2015-09-03T15:31:51-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-slow-to-report-performance-amid-august-rout-20150903677/
Neuberger Berman&rsquo;s US Long Short Equity fund was quick to report and as of August 26 it was down -3.33 percent on the month and -2.88 percent on the year. The $9.7 billion Lansdowne Market fund as of August 21 was up 0.51 percent on the month and 10.71 percent on the year. The equity diversified US focused Marcato International, operated by Richard McGuire with $3.3 billion under management, was down -4 percent as of Aug 14 and is down -3.08 percent on the year. Brevan Howard Asia Fund, with $2.6 billion under management, reported as of July 31 they...
Hedge Funds Are In Fear Mode: BAML
2015-08-18T13:00:17-04:00https://www.thetrustedinsight.com/investment-news/hedge-funds-are-in-fear-mode-baml-20150818794/
Get the entire 10-part series on Ray Dalio in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues....
Cramer's hedge fund check list for intrepid investors
2014-03-19T10:58:30-04:00https://www.thetrustedinsight.com/investment-news/6385-cramers-hedge-fund-check-list-for-intrepid-investors-20140319385/
"You have to understand that these guys (hedgies) are paid to be right all of the time, which means making money on both up days and down days. That involves predicting events and profiting from them...
Barclay Hedge Fund Index slips 0.29 in January; Healthcare & Biotechnology opens 2014 with 5.97 gain
2014-02-19T11:31:02-05:00https://www.thetrustedinsight.com/investment-news/5811-barclay-hedge-fund-index-slips-029-in-january-healthcare-biotechnology-opens-2014-with-597-gain-20140219811/
After a rousing end to 2013, January bore witness to a complete reversal of key trends as investor sentiment turned defensive, says Sol Waksman, founder and president of BarclayHedge....
It's time to decrease equity beta
2014-02-02T22:41:22-05:00https://www.thetrustedinsight.com/investment-news/5404-its-time-to-decrease-equity-beta-20140202404/
What could possibly go awry and derail this glorious five year equity bull market?...
Hedge fund managers crossing their fingers for volatility
2014-01-08T11:02:16-05:00https://www.thetrustedinsight.com/investment-news/4769-hedge-fund-managers-crossing-their-fingers-for-volatility-20140108769/
Far from fearing volatility, hedge fund managers are looking forward to a rockier investment climate this year, one that will allow them to do what they do best: make money on both the long and short sides.
Hedge funds gain $228 billion in 2013
2014-01-08T10:58:43-05:00https://www.thetrustedinsight.com/investment-news/4768-hedge-funds-gain-228-billion-in-2013-20140108768/
In 2013, total hedge fund assets grew by US$228.8 billion, the fastest annual growth on record since 2007. Total assets under management of the hedge fund industry reached a historic high of US$2.01 trillion, according to data and research company Eurekahedge, which covers 28,000 alternative funds globally.
Franklin Templeton and K2 Advisors launch multi-strategy liquid alternatives fund | Hedgeweek
2013-11-19T12:05:54-05:00https://www.thetrustedinsight.com/investment-news/3085-franklin-templeton-and-k2-advisors-launch-multi-strategy-liquid-alternatives-fund-hedgeweek-20131119085/
Franklin Templeton Investments has launched its first multi-manager, multi-strategy mutual fund focused on alternative investment strategies, Franklin K2 Alternative Strategies Fund (FAAAX)....
Ackman's Pershing Square cuts Herbalife stock short position
2013-10-08T14:00:28-04:00https://www.thetrustedinsight.com/investment-news/1927-ackmans-pershing-square-cuts-herbalife-stock-short-position-20131008927/
Hedge fund manager William Ackman said he has restructured some of his $1 billion short bet against nutrition and supplements company Herbalife to guard against further losses...
Fed Leaves Hedge Fund Bears Waiting on Emerging-Markets Bet
2013-09-24T14:11:49-04:00https://www.thetrustedinsight.com/investment-news/1742-fed-leaves-hedge-fund-bears-waiting-on-emerging-markets-bet-20130924742/
Ray Bakhramov has been waiting almost two years for his hedge fund's bet against emerging markets to pay off, which spurred a 20 percent loss in 2012 and cost him clients. Even with a slump from bonds...
D.E. Shaw Among 23 Firms Accused by SEC Over Short-Sale Claims
2013-09-18T11:37:04-04:00https://www.thetrustedinsight.com/investment-news/1659-de-shaw-among-23-firms-accused-by-sec-over-short-sale-claims-20130918659/
D.E. Shaw & Co., the $30 billion hedge fund, was among 23 investment firms accused by U.S. regulators of improperly buying shares of companies they had bet against days earlier...
André Steyn: Africa's leading short-seller
2013-09-11T11:21:43-04:00https://www.thetrustedinsight.com/investment-news/andre-steyn-africas-leading-short-seller-20130911354/
From OpalesqueTV André Steyn is the CEO and Portfolio Manager of South-Africa based Steyn Capital Management , which he founded in 2008. From 2004 to 2008, André was the CEO of Temujin Fund Management UK, the UK arm of a billion dollar New York based hedge fund. At Temujin, André was responsible for all non-US investments comprising a long/short portfolio of approximately USD2 billion.
From 2002 to 2004, André was an investment associate at Ziff Brothers Investments, a multi-billion dollar hedge fund. At Ziff Brothers, he performed fundamental research for the purpose of recommending new investments for the firm's capital, and generated significant alpha by shorting companies with poor earnings quality.
Since launch, André's flagship hedge fund has returned 29.7% net annualized. In this Opalesque.TV interview, he explains what is behind his high hit rate in his Africa investments and the investment opportunities in Africa which benefit from a "strong fundamental tailwind" for the continent.
In addition, hear more about:
* Learning how to short at Ziff Brothers Investments and Temujin Fund Management
* Impressive returns by investing in leading African companies with "unassailable dominance" and details about the risks of investing in Africa and how to deal with them.
* Steyn's "pleasant surprise" setting up a hedge fund in South Africa after having worked in New York and London, and how the strong local regulator provides additional level of due diligence for investors.
* Steyn's research and investment approach and how South African pension funds will drive (pan-)African investments
André began his career at Andersen in 1998, completing his Chartered Accountant articles in Cape Town before transferring to the New York Mergers & Acquisitions practice where he advised companies and private equity funds on acquisitions. André is a Chartered Accountant and a Chartered Financial Analyst, and is a member of the New York Society of Security Analysts.
Steyn Capital Management is a value-orientated investment management firm investing principally in publicly traded African equity securities.
Rupee at 66: Why 'shorting India' is the 'in' thing for hedge funds
2013-09-11T11:05:56-04:00https://www.thetrustedinsight.com/investment-news/1596-rupee-at-66-why-shorting-india-is-the-in-thing-for-hedge-funds-20130911596/
India has provided great returns to bears across assets. Shorting India is making money now. The question is when will the tide turn?...
Short-sell hedge funds count cost as M&A picks up
2013-09-11T10:59:45-04:00https://www.thetrustedinsight.com/investment-news/1594-short-sell-hedge-funds-count-cost-as-ma-picks-up-20130911594/
Hedge funds circling the stock of vulnerable companies got an expensive wake-up call this week with Nokia's dramatic exit from commercial purgatory, prompting many to reassess their targets..
SAC Loses One of Its Most Loyal Investors
2013-09-04T10:56:38-04:00https://www.thetrustedinsight.com/investment-news/1510-sac-loses-one-of-its-most-loyal-investors-20130904510/
The self-described "last man standing" for SAC Capital Advisors LP has taken a seat. But Ed Butowsky, one of the last outside investors at the embattled hedge-fund firm, did so reluctantly....
TRS Investments Overview with CIO Britt Harris (Part 1)
2013-09-03T15:57:05-04:00https://www.thetrustedinsight.com/investment-news/trs-investments-overview-with-cio-britt-harris-part-1-20130903346/
In this segment of "TRS Today," we get to know more about the background of TRS' Chief Investment Officer Britt Harris, listen to an overview of one of the world's largest public pension funds, and learn how he's assembled a highly educated and skilled team dedicated to both active and retired educators of Texas.
New Martoma indictment describes second doctor as insider source
2013-08-27T16:51:06-04:00https://www.thetrustedinsight.com/investment-news/1441-new-martoma-indictment-describes-second-doctor-as-insider-source-20130827441/
U.S. prosecutors on Thursday restated their case against a former portfolio manager who worked for Steven A. Cohen's hedge fund SAC Capital Advisors, adding a new twist to what is...
Cohen Said to Refuse SAC Client Push to Return Cash Early
2013-08-21T14:55:26-04:00https://www.thetrustedinsight.com/investment-news/1361-cohen-said-to-refuse-sac-client-push-to-return-cash-early-20130821361/
Steven Cohen's $14 billion SAC Capital Advisors LP, which last month was indicted by the government as a "veritable magnet for market cheaters," has refused clients' requests that the firm speed up pa...
Is The SAC Indictment The First Shot in a War Against Outsize Hedge Funds?
2013-07-31T11:39:08-04:00https://www.thetrustedinsight.com/investment-news/1044-is-the-sac-indictment-the-first-shot-in-a-war-against-outsize-hedge-funds-20130731044/
Steve Cohen is getting squeezed from both ends. A federal grand jury just handed down a criminal indictment against Cohen's hedge fund SAC Capital - on counts of wire fraud a...
Steven Cohen throws a party despite his fund's indictment
2013-07-31T11:35:35-04:00https://www.thetrustedinsight.com/investment-news/1043-steven-cohen-throws-a-party-despite-his-funds-indictment-20130731043/
Hedge fund billionaire Steven A. Cohen did not let the filing of criminal charges against his $14 billion SAC Capital Advisors get in the way of a party this weekend at his vacation estate...
Scotia Private Client Group launches Scotia Long Short Equity Fund
2013-07-31T11:02:22-04:00https://www.thetrustedinsight.com/investment-news/1039-scotia-private-client-group-launches-scotia-long-short-equity-fund-20130731039/
TORONTO, July 30, 2013 /CNW/ - Scotia Private Client Group today announced the launch of Scotia Long Short Equity Fund, the first alternative investment solution available through its Private Investm...
U.S. readies criminal charges against SAC Capital
2013-07-24T10:36:49-04:00https://www.thetrustedinsight.com/investment-news/931-us-readies-criminal-charges-against-sac-capital-20130724931/
Prosecutors are preparing to announce charges against the hedge-fund giant, which has been the target of a multiyear investigation into alleged insider trading....
Woodbine Adds to China Equity Shorts, Shorts the Yuan
2013-07-24T10:35:45-04:00https://www.thetrustedinsight.com/investment-news/930-woodbine-adds-to-china-equity-shorts-shorts-the-yuan-20130724930/
Almost every global macro fund has exposure in Japan and the most bullish ones have taken the largest losses so far. We have mentioned the underperformance of Argonaut Capital and TT International in June, both of which have exposure in Japanese equities...
Tiger Asia Accused of Insider Trading in Hong Kong Case - Bloomberg
2013-07-17T10:39:30-04:00https://www.thetrustedinsight.com/investment-news/824-tiger-asia-accused-of-insider-trading-in-hong-kong-case-bloomberg-20130717824/
Tiger Asia Management LLC, which admitted in the U.S. to illegally using inside information to trade Chinese bank stocks, was accused of the same offense in a Hong Kong tribunal....
Hedge Funds That Actually Didn’t Lose Money in June
2013-07-10T16:16:26-04:00https://www.thetrustedinsight.com/investment-news/732-hedge-funds-that-actually-didnt-lose-money-in-june-20130710732/
Among the sea of hedge funds which went under in June, there are a few admirable ones who managed to stay afloat. June marked the period which broke a seven month streak of positive returns as all regional and strategy hedge fund indices dipped low...
Prosecutors Lack Evidence to Charge Cohen: WSJ - Bloomberg
2013-07-05T15:54:27-04:00https://www.thetrustedinsight.com/investment-news/633-prosecutors-lack-evidence-to-charge-cohen-wsj-bloomberg-20130705633/
Hedge-fund billionaire Steven A. Cohen isn't likely to face criminal charges tied to the biggest alleged insider-trading case in history as U.S. prosecutors conclude there's not enough evidence to mee...
Raj Rajaratnam Insider Conviction Upheld by Appeals Court - Bloomberg
2013-06-25T16:10:14-04:00https://www.thetrustedinsight.com/investment-news/479-raj-rajaratnam-insider-conviction-upheld-by-appeals-court-bloomberg-20130625479/
Galleon Group LLC co-founder Raj Rajaratnam's conviction for directing the most extensive insider-trading scheme in U.S. history was upheld by an appeals court, which ruled the government's use of wir...
Opportunities Abound for Credit Hedge Funds in Booming Asia-Pacific Credit Markets – June 2013
2013-06-19T11:27:20-04:00https://www.thetrustedinsight.com/investment-news/379-opportunities-abound-for-credit-hedge-funds-in-booming-asia-pacific-credit-markets-june-2013-20130619379/
Preqin Blog: credit HF asia-pacific, Author: Ivan Jincheng Han at Preqin -- The Asia-Pacific hedge fund industry is dominated by long/short equity hedge funds. These vehicles m...
Event driven equity emerging as a clear winner | HedgeFund Intelligence
2013-06-19T11:23:49-04:00https://www.thetrustedinsight.com/investment-news/378-event-driven-equity-emerging-as-a-clear-winner-hedgefund-intelligence-20130619378/
The strategy offers significant upside even without M&A rebound....
Rival hedge funds hope to feast on SAC Capital redemptions| Reuters
2013-06-19T11:13:27-04:00https://www.thetrustedinsight.com/investment-news/376-rival-hedge-funds-hope-to-feast-on-sac-capital-redemptions-reuters-20130619376/
BOSTON/NEW YORK (Reuters) - A long list of rival hedge funds is eager to tap the billions in outside money that Steven A. Cohen's SAC Capital Advisors is expected to return to investors by year-end.La...
Study: Investors Have Faith in Hedge Funds, but are Wary of Fees | Institutional Investor's Alpha
2013-06-14T15:30:43-04:00https://www.thetrustedinsight.com/investment-news/333-study-investors-have-faith-in-hedge-funds-but-are-wary-of-fees-institutional-investors-alpha-20130614333/
A new study from the Alternative Investment Management Association says institutional investors want to put more money into hedge funds, despite recent modest performance, but they don't want to pay t...
CQS plans equities fund
2013-06-06T10:32:53-04:00https://www.thetrustedinsight.com/investment-news/191-cqs-plans-equities-fund-20130606191/
The new fund is the latest step by founder Michael Hintze to expand and diversify the business...
More Institutions Dispense with Hedge Funds As an Asset Class | Institutional Investor
2013-06-05T11:35:32-04:00https://www.thetrustedinsight.com/investment-news/163-more-institutions-dispense-with-hedge-funds-as-an-asset-class-institutional-investor-20130605163/
The Employees Retirement System of Texas recently decided to integrate hedge fund investments across its entire $24.9 billion portfolio rather than keep them in a separate bucket. Already common among...
SAC Sees Investors Pulling Out $3.5 Billion - WSJ.com
2013-06-05T11:03:47-04:00https://www.thetrustedinsight.com/investment-news/155-sac-sees-investors-pulling-out-35-billion-wsjcom-20130605155/
SAC Capital Advisors is bracing for investors to pull an estimated $3.5 billion from the firm, according to people briefed on the matter, as the hedge-fund giant continues to battle fallout from an in...
Barron's Best 100 Hedge Funds - Barrons.com
2013-05-21T16:12:10-04:00https://www.thetrustedinsight.com/investment-news/93-barrons-best-100-hedge-funds-barronscom-20130521093/
The financial magazine's ranking of the 100 top-performing funds based on their three-year returns. The winner: Zais Opportunity fund, followed by many mortgage- and asset-backed funds....